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In 2018, LifePoint was acquired by private equity firm Apollo Global Management [11] and merged with RCCH Healthcare Partners, [12] which had formed from a merger a few years prior between Capella Health and RegionalCare Hospital Partners. [13] In 2021, LifePoint Health acquired Kindred Health. LifePoint Health spun off part of the company as ...
Lifepoint is a subject of two U.S. Senate inquiries, along with other health care companies owned by private equity, NBC News has reported. The investigations aim to assess the profits Apollo and ...
Apollo Global Management, Inc. is an American asset management firm that primarily invests in alternative assets. [2] [3] [1] As of 2022, the company had $548 billion of assets under management, including $392 billion invested in credit, including mezzanine capital, hedge funds, non-performing loans, and collateralized loan obligations, $99 billion invested in private equity, and $46.2 billion ...
The other recipient is LifePoint Health, owned by Apollo, which operates 62 acute care hospitals in 16 states and runs the largest chain of rural hospitals in the U.S. Apollo and LifePoint Health ...
The senators seek to shed light on deals involving Lifepoint Health, owner of the Ottumwa Regional facility and more than 60 other mostly rural hospitals nationwide, and its owner Apollo Global ...
In October 2017, West was purchased by Apollo Global Management, a New York-based private equity firm, for $5.2 billion. [1] On August 31, 2018 West Corporation laid off 148 employees between their Middleton, WI and Green Bay, WI location after losing a major contract. [11] On June 25, 2019 West Corporation rebranded itself to Intrado. [12]
Lifepoint Health oversees the ... Private-equity firms like Apollo have taken over numerous health care companies in recent years. These firms typically load debt into the companies they buy, then ...
Like many U.S. consumers, Ricci is beginning to learn about the impact that private-equity firms like Apollo can have on health care.Over the past decade, these firms have spent $1 trillion taking ...